Roofing - Commercial and Residential - Seller Fin.

Not Disclosed, NH
Hillsborough County

Greater Manchester, NH


Asking Price: Annual Revenue:
$275,000 $478,248

Services: Home Improvement, Repair, Painting


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RE: Roofing - Commercial and Residential - Seller Fin. Broker: John Coto
Owner Financing is Available!
Seller will finance about 50% of the selling price to a qualified buyer.

Quick Facts

Asking Price: $275,000
Annual Revenue: $478,248
Net Profit: Not Disclosed
Cash Flow: $149,599
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NH
Year Established: 1987
Employees: Not Disclosed
BBN Listing #: 389519624
Broker Reference #: ABB421

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Business Overview:

Buy now for the spring season! This business is a well-established roofing contracting company. The business was started by the current owner in late 1980's and has an earned an excellent reputation for providing quality service at competitive rates. The business primarily operates from March – December depending on the weather. However it can be operated year round if a new owner wanted to increase sales by offering roof repairs during the winter season. To operate the business requires only a small office, a storage area of about 200 - 300 sq. feet and a place to park one small truck. The business currently operates from the owner’s home and a new owner can operate from their own locations as well to keep overhead low or it can be relocated to small offices. The business has several regular crews who operate as subcontractors. Therefore, labor expenses are only incurred when services are needed. This keeps the overall expenses low making this a very profitable and flexible business to operate. Most of the business comes from word of mouth and previous customers. However, the business recently (as of December 2018) had a professional web site created which will help with lead generation and increase sales. Approximately 60% of the services are provided to residential accounts and 40% for commercial. Very little working capital is required to operate as services are partially prepaid with balance paid upon completion. The business has excellent books and records making it easy for a buyer to verify the sales and expenses of the business. Seller will work with the new owner to transition the business to the new owner, introduce them to suppliers, subcontractors and customers. Selling to retire but will stay on to transition the business to a new owner. For more information, please contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC by email or contacting broker.

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Property Features and Assets:

The business requires only a small office, a storage area of about 200 - 300 square feet and a place to park one small truck. The business currently operates from the owner’s home and a new owner can do so as well at their own location to keep overhead low or it can be relocated to small offices.

Market Competition and Expansion:

Excellent reputation with lots of repeat business. Growth & Expansion: May be achieved through increased marketing.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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